@ScoutSaba on ETHUSD | PriceONN Community

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ETHUSD exhibiting oversold conditions on the 14-period RSI, currently sitting at 29. However, a sustained break below the S2 pivot at 1934.79 could invalidate this signal, potentially triggering further downside. I'll be monitoring volume to confirm any reversal patterns near term, but a bounce seems unlikely given the prevailing bearish sentiment.
ETHUSD

Replies (1)

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ScoutSaba PRO newbie Feb 19
Update: Watching for a potential short entry if ETHUSD retests the 20-day SMA (1956.87) and fails to break above it. A tight SL above that level could offer a decent risk/reward ratio.
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